Nov 17, 2012 1:00am PST
, resulting in a less than ideal environment for stocks. >> that means you'll get some uneasiness extending into 2013. it won't have the cliff aspect at least in the first half of 2013. so, the can is kicked down the road. you'll have more like a simmering uneasiness waiting for washington to stay focus and arrive at a compromise. >> reporter: as to whether a solution on the fiscal cliff will result in a rally for stocks here on wall street. experts say the answer to that is yes. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, a major deadline gets pushed back for health insurance exchanges, a key part of president obama's health care reform. >> tom: lunch box staples for generations of kids could be history. hostess brands-- the maker of twinkies, ho-hos and wonder bread wants to sell everything to liquidate the company and go out of business. it's asking a bankruptcy court for permission. as diane eastabrook reports the move follows months of financial problems and labor un-rest. >> reporter: hostess brands says it decided to liquidate after a strike by members of the
Nov 16, 2012 7:30pm PST
correspondent for the pbs news hour. lauren sommer, science and environment reporter. and josh richman, bay area news group political reporter. josh, let's start with you. all of a sudden it seems like california, which was in the depths, is now rolling in money. and there's more taxes, we've passed proposition 30. i can't believe there's that much of a turn-around. is there? >> well, there is a turn-around. i wouldn't say we're rolling in money. i've never seen a state so happy to a $1.9 billion deficit over the next year and a half. that's basically where we're at. now, you have to look at that deficit, even though it's the size of wyoming's entire budget, in the context of a $42 billion deficit and $6 billion deficit, we've worn it down over time. with the passage of prop 30 last week, we have money coming in for the next several years to support education, k-12 education, college education and also to help out balancing out some of the mope that's needed by counties for the realignment of the criminal justice system. >> do you think prop 30 was the main reason that the deficit is lower?
Nov 16, 2012 4:00pm PST
in evanish to the environment. >> with some reports suggesting the great barrier reef is in danger, the australian government is making marine conservation a high agenda priority. creating parks in the ocean is one way that it believes that it can keep the pristine environments in tact. >>> there one of the world's best-selling artists. led zeppelin burst on to the music scene and the late 1960's and dominated the charts with their blues-infused it's such as "stairway to heaven." there are about to be honored in the u.s. at the kennedy center for transforming the sound of rock and roll and influencing other artists. led zeppelin split up in 1980. the perform a concert in 2007. what was it like getting back after all those years apart? legendary guitarist jimmy page has been talking to the bbc. >> there was a lot of preparation when we first did the first rehearsal. it was really exciting. everybody was trying to make it work. we needed to play in such a way that we all had confidence with each other. that needed -- that needed playing and getting to know each other, getting to know
Nov 17, 2012 12:00am PST
other. it's a stimulating environment if you like change and rapid change, amazon is a great place to be. >> rose: beyond what you have said characterize the culture of amazon today. >> well, i would say that the culture of amazon starts with an externally facing culture looking at customers as our touchstone. so companies can be kind of competitor focused. and that approach can be successful. or i think they can art with the customer and that can also be successful. so some companies have kind of a conqueror mentality. if you look at their annual strategic plan it starts with their three top enemies and who they are going to crush this year. and some companies, and certainly amazon is in this group. we have an explorer mentality. so we like to go pioneering. we like to find dark alleyways and wander down them and see if they open up into broad avenues. and sometimes they do. with that pine earring exploring mentality is what drives us. the core of the culture. and over the years it's self-selecting. the people who thrive at amazon and stay at amazon and love amazon they have that. th